Experts say tighter lending conditions mean more buyers will require parental assistance to buy a home. Research from financial comparison website Finder has shown that nearly half of first-home buyers get a financial boost to their deposit from their parents, and one in five have help with the deposit as well as through their parents acting as a guarantor.

Most economists surveyed in the research said the number of first-home buyers relying on their parents won’t decline, with 35% of economists predicting an increase and 41% saying they expect the rate will remain the same.